Nearly three years after the collapse of Lehman Brothers, the prevailing wisdom is that we need tighter regulations to avoid another crisis. It’s a popular view, one that this column has long supported. After all, if we don’t adopt tougher standards now, then when? The New York Times reports.

CNBC's John Harwood with a look at JP Morgan Chase CEO Jamie Dimon and today's speech at the US Chamber of Commerce event, where he criticized the extent of Dodd-Frank regulation and the possibility the U.S. may default on its debt by not raising the debt limit.

JPMorgan Chase on Tuesday announced new programs geared toward military customers and veterans, and apologized for overcharging thousands of active-duty service members on mortgages and improperly foreclosing on more than a dozen.